Tex. Spec. Dist. Local Laws Code Section 1100.209
Depository


(a)

The board shall select one or more banks or other federally insured financial institutions inside or outside the district to serve as a depository for district money.

(b)

District money, other than money invested as provided by Section 1100.210 (Spending and Investment Restrictions)(b), and money transmitted to a bank for payment of bonds or obligations issued or assumed by the district, shall be deposited as received with the depository and shall remain on deposit.

(c)

This chapter, including Subsection (b), does not limit the power of the board to:

(1)

place a portion of district money on time deposit; or

(2)

purchase certificates of deposit.
Added by Acts 2011, 82nd Leg., R.S., Ch. 70 (S.B. 1147), Sec. 1.01, eff. April 1, 2013.

Source: Section 1100.209 — Depository, https://statutes.­capitol.­texas.­gov/Docs/SD/htm/SD.­1100.­htm#1100.­209 (accessed Dec. 2, 2023).

1100.001
Definitions
1100.002
Authority for Operation
1100.003
Essential Public Function
1100.004
District Territory
1100.005
Correction of Invalid Procedures
1100.006
District Support and Maintenance Not State Obligation
1100.007
Restriction on State Financial Assistance
1100.051
Board Election
1100.052
Notice of Election
1100.053
Ballot Petition
1100.054
Qualifications for Office
1100.055
Board Vacancy
1100.056
Officers
1100.057
Quorum
1100.058
Expenses
1100.059
Payment for Attendance at Meetings
1100.060
Petition to Change Number of Directors
1100.061
District Administrator
1100.062
General Duties of District Administrator
1100.063
Appointment of Staff and Employees
1100.064
Recruitment of Medical Staff
1100.065
Continuing Education
1100.101
District Responsibility
1100.102
Restriction on Political Subdivision Taxation and Debt
1100.103
Management, Control, and Administration
1100.104
Hospital System
1100.105
Rules
1100.106
Purchasing and Accounting Procedures
1100.107
District Property, Facilities, and Equipment
1100.108
Eminent Domain
1100.109
Gifts and Endowments
1100.110
Construction Contracts
1100.111
Operating and Management Contracts
1100.112
Contracts with Governmental Entities for Care and Treatment
1100.113
Contracts with Governmental Entities for Investigatory or Other Services
1100.114
Payment for Treatment
1100.115
Reimbursement for Services
1100.116
Authority to Sue and Be Sued
1100.151
Expansion of Territory
1100.152
Ballot
1100.201
Budget
1100.202
Notice
1100.203
Amendments to Budget
1100.204
Restriction on Expenditures
1100.205
Fiscal Year
1100.206
Audit
1100.207
Inspection of Audit and District Records
1100.208
Financial Report
1100.209
Depository
1100.210
Spending and Investment Restrictions
1100.211
Authority to Borrow Money
1100.251
General Obligation Bonds
1100.252
Tax to Pay General Obligation Bonds
1100.253
General Obligation Bond Election
1100.254
Maturity of General Obligation Bonds
1100.255
Execution of General Obligation Bonds
1100.256
Revenue Bonds
1100.257
Refunding Bonds
1100.258
Bonds Exempt from Taxation
1100.301
Imposition of Ad Valorem Tax
1100.302
Tax Rate
1100.303
Tax Assessor-collector
1100.351
Dissolution
1100.352
Ballot
1100.353
Election Results
1100.354
Transfer or Administration of Assets
1100.355
Imposition of Tax
1100.356
Return of Surplus Taxes
1100.357
Report

Accessed:
Dec. 2, 2023

§ 1100.209’s source at texas​.gov